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Updated RecentlyHomeTowne Studios vs Four Points by Sheraton Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of HomeTowne Studios vs Four Points by Sheraton including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $345,500 - $1,238,500 | $9,400,610 - $25,923,410 |
| Franchise Fee | $30,000 | $60,000 |
| Royalty Fee | 3% | - |
| Advertising Fee | - | - |
| Year Founded | 2017 | 2017 |
| Year Franchised | 2017 | 2017 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | No | Yes |
Company Overviews
About HomeTowne Studios
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HomeTowne Studios by Red Roof is an extended stay hotel with flexible daily, weekly, and monthly rate options.
• Fully Furnished Rooms
• Kitchen
• Full Sized Refrigerator
• Microwave
• 2-Burner Stove Top
• Kitchen Table with Chairs
• Weekly House Keeping
• On-site Laundry
• Free High-Speed WiFi
• HD Flat Screen TV
• Extended Cable Package
• Free Domestic Phone Service
• All Inclusive Pricing - No Utility Bills!
• Rate Options: Daily, Weekly, Monthly
The total investment necessary to begin operation of a HomeTowne Studios
by Red Roof or a Home Town Inn lodging franchise for a 65-room
conversion hotel ranges from $345,500 to $1,238,500. These amounts do
not include the costs of land, original construction or acquisition, or
ground or building lease rent for the hotel location but do include the
approximately $56,500 to $62,000 that must be paid to the franchisor or
an affiliate.
About Four Points by Sheraton
!["Four]("https://fddexchange.com/wp-content/uploads/2020/11/Four-Points.png")
Marriott International is the world’s largest travel company, offering
unmatched choice, like Four Points by Sheraton, for guests and driving unrivaled value for owners. With
our expansive portfolio of brands, dynamic sales and marketing
platform, and a global scale that drives efficiencies, our owners
benefit from a clear competitive advantage and opportunity to maximize
each hotel investment.